The Global Commission on Adaptation (GCA) has published a report calling on governments and businesses to take action to innovate and advance climate adaptation solutions based on new research findings. The report explains that climate adaptation can deliver a “triple dividend” by avoiding future losses, generating positive economic gains through innovation, and delivering additional social and environmental benefits.

The report titled, ‘Adapt Now: A Global Call for Leadership on Climate Resilience,’ finds that adaptation can lead to significant economic returns and that investing USD 1.8 trillion globally from 2020 to 2030 in five climate adaptation areas could result in USD 7.1 trillion in net benefits. The five areas – early warning systems, climate-resilient infrastructure, improved dryland agriculture, mangrove protection and investments in increasing water resource resilience – represent only a portion of total investments needed and total benefits available.

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Posted on - 2019-09-12

Climate change is expected to be at the top of the agenda when Fiji Prime Minister Frank Bainimarama meets his Australian counterpart in Canberra this week.Mr Bainimarama starts his first ever official visit to Australia today at the invitation of Scott Morrison.

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Posted on - 2019-09-12

The 2019 edition of the Commodities and Development Report is titled "Commodity Dependence, Climate Change and the Paris Agreement". It seeks to further the understanding of the interactions between climate change and the commodity sectors.

The report highlights the challenges that commodity dependent developing countries (CDDCs) face as they manage their natural resource sectors in the context of the Paris Agreement. It also explores some potential benefits that might arise from climate change mitigation and adaptation.

The report recommends that CDDCs should reduce their strong economic dependence on natural resources through economic and export diversification. Acknowledgement of the limited capabilities of CDDCs to cope with mitigation and adaptation challenges implies that CDDCs require a unique set of incentives as well as financial, technical and institutional assistance to cope with the challenges associated with the climate crisis.

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Posted on - 2019-09-12